NIO is registering significant accumulation at the current price level. Net buy volume has increased significantly this past few days -- hinting of an incoming upside reversal.
Higher lows creation on weekly data histogram has been created -- suggesting the current price point to be the last baseline before the coming series of ascend.
The stock is currently hovering below the 78.6 FIB LEVEL -- a major order block where buyers converge. This is a discount area.
Another key note: WEEKLY DOWNTREND LINE BREAK has materialized. HUGE HINT.
Spotted at 7.00
TAYOR
Safeguard capital always.
FUNDAMENTAL NEWS:
______________________________________
NIO revenue for the twelve months ending December 31, 2022 was $7.143B, a 25.97% increase year-over-year. NIO annual revenue for 2022 was $7.143B, a 25.97% increase from 2021. NIO annual revenue for 2021 was $5.671B, a 127.59% increase from 2020. NIO annual revenue for 2020 was $2.492B, a 121.68% increase from 2019.
Higher lows creation on weekly data histogram has been created -- suggesting the current price point to be the last baseline before the coming series of ascend.
The stock is currently hovering below the 78.6 FIB LEVEL -- a major order block where buyers converge. This is a discount area.
Another key note: WEEKLY DOWNTREND LINE BREAK has materialized. HUGE HINT.
Spotted at 7.00
TAYOR
Safeguard capital always.
FUNDAMENTAL NEWS:
______________________________________
NIO revenue for the twelve months ending December 31, 2022 was $7.143B, a 25.97% increase year-over-year. NIO annual revenue for 2022 was $7.143B, a 25.97% increase from 2021. NIO annual revenue for 2021 was $5.671B, a 127.59% increase from 2020. NIO annual revenue for 2020 was $2.492B, a 121.68% increase from 2019.
Trade active
NIO first step up -- direction goal certain: UPTrade active
Almost at +50% from 7.0 base.Congrats holders.
Trade active
Another +10% addedTrade active
We're now up more than 100% in less than 60 days. :)Congrats NIO-believers.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.